Stock Analysis:OSI Systems (NASDAQ:OSIS) Upside Target Change
In a recent research report revealed to clients by Benchmark on 4 December, OSI Systems (NASDAQ:OSIS) had its TP hiked to $102.00. The firm at present has a solid “Buy” rating on shares.
From a total of 4 analysts covering OSI Systems (NASDAQ:OSIS) stock, 4 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that 100% of the ratings are positive. The highest target price is $106 while the lowest target price is $95. The mean of all analyst targets is $100 with a 2.20% above today’s ($94.18) stock price. OSI Systems was the topic of 8 analyst reports since August 25, 2015 according to the firm StockzIntelligence Inc. BB&T Capital initiated shares on November 18 with “Buy” rating. TH Capital maintained OSIS stock in a recent report from October 30 with “Buy” rating. Finally, Zacks downgraded the stock to “Sell” rating in a report issued on a September 22.
The stock increased 1.15% or $1.07 on December 4, striking $94.18. Approximately shares of stock traded hands. OSI Systems, Inc. (NASDAQ:OSIS) has risen 38.97% since May 4, 2015 and is uptrending. It has outperformed by 40.05% the S&P500.
OSI Systems, Inc. is a vertically integrated designer and maker of specialized electronic systems and components for critical applications. The company has a market cap of $1.86 billion. The Firm sells its products and provides related services in diversified markets, including homeland security, healthcare, defense and aerospace. It has 29.91 P/E ratio. The Firm has three operating divisions: Security, Healthcare, and Optoelectronics and Manufacturing.
According to Zacks Investment Research, “OSI Systems, Inc. is a premier worldwide designer and provider of components, subsystems and end-products based on optical and electromechanical pressure sensor technologies. The Company’s product range focuses on the fiber optics and high speed telecommunications for Gigabit Ethernet and Fibre Channel, Security and Inspection and Medical Diagnostics industries, three areas of excellent growth for our products. The Company also sees continued expansion in office automation, aerospace, computer peripherals and industrial automation industries.” Get a free copy of the Zacks research report on OSI Systems, Inc. (OSIS).